KNOWLEDGE RETENTION STRATEGY AND PERFORMANCE OF SMALL AND MEDIUM ENTERPRISES IN ADO-EKITI METROPOLIS
Journal Title: Journal of Economic Research & Business Administration - Year 2023, Vol 145, Issue 3
Abstract
The study examined the effect of knowledge retention strategy on performance of Small and Medium Enterprises in Ado-Ekiti Metropolis while the specific objectives are to investigate the effect of transparency, feasibility, flexibility on SMEs Performance. The population of the study was 11,663 owners and managers of small and medium-sized businesses in the Ado-Ekiti Metropolitan Area. Yamane (1967) was used to collect 387 samples. The study’s primary data was collected via a standardised questionnaire. Regression was used to examine the data collected. The findings show that the entire knowledge retention strategy (transparency, feasibility and flexibility) were positive and found significant while flexibility affect small and medium enterprise performance most as revealed by the findings. Therefore, the study accepts the alternate hypothesis and reject otherwise thus concluded that knowledge retention attributes are significantly and positively related to small and medium enterprise performance in Ado-Ekiti.
Authors and Affiliations
Awolaja, Ayodeji Muyideen* , Enitilo, Olalekan , Ayodele, Oluwaseun
SCIENTIFIC JUSTIFICATION FOR THE SPECIFIC APPLICATION OF ESG PRINCIPLES
Achieving sustainable development goals, designated by the UN as a key vector of the world order, has become an important guideline in the development of public administration and big business in recent years. The study...
NAVIGATING THE CHALLENGES OF CREATIVE ENTREPRENEURSHIP: INSIGHTS FROM SMES OF KAZAKHSTAN
Creative entrepreneurship is an emerging field that has gained increasing attention in recent years. Kazakhstan has seen a surge in small and medium-sized enterprises (SMEs) operating in the creative secto...
EMPOWERING ALMATY'S DISABLED WORKFORCE: ACTION FOR INCLUSIVE LABOR MARKET
The inclusion of people with disabilities in all spheres of public life is an important political issue in the country. However, according to the Ministry of Labour and Social Protection of the Population of the Republic...
DEVELOPMENT OF ENTREPRENEURSHIP IN THE REPUBLIC OF BELARUS: STRATEGY AND TACTICS
The strategy and tactics of the development of small and medium entrepreneurship (SME) is a great importance in the economic development of the country. Innovative, social directions of development depend on accurately d...
TOWARDS A CIRCULAR ECONOMY: AN ANALYSIS OF KAZAKHSTANI CASE
A circular economy is an economic system in which resources are used, reused, and regenerated in a closed loop, rather than the traditional linear model of extraction, use, and disposal. The topic is par-ticularly urgent...